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The first implue wave had been finished: good timeto Long USDCAD

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Reasons:
  • A. Due to the structure of the first implue wave (it had extended to fifth implue wave) had finished, the corrective wave is moving;

  • B. The upward gap which come from Oct 2nd,2017__It's price is about 1.24858 would be a great support, moreover is 88.6% retracement of previous rising wave.

  • C.In the same time, Recently the crude oil market tend to have a short-term correction.
Nota
Sorry, make a mistake. It should be LONG USDCAD.
Dagangan ditutup: hentian tercapai

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